Summary Report: Alaris Equity Partners
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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
Formerly known as Alaris Royalty Corp, Alaris Equity Partners (ADLRF) was founded in 2008 and is based in Calgary, Canada.
It is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.
The firm does not invest in turnarounds and start-ups.
It prefers to invest in companies based in all industries except for those with a declining asset base.
Three key data points gauge ADLRF or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also show if any company has made, is making, and will make money.
ADLRF Price
Alaris Equity Partners’ share price increased about 20% in the past year from $11.50 to $13.80 as of Friday’s closing price.
ADLRF Dividends
Alaris has paid regular quarterly dividends since April 2023. Previously, it paid monthly dividends from July 2012. The current forward-looking annual dividend of $0.99 yields 7.19% per Friday’s $13.80 closing price.
ADLRF Returns
Putting it all together, a $3.19 estimated gross gain per share shows up when adding Alaris Equity Partners annual $0.99 dividend to an estimated $2.20 annual price gain. That 1-year average annual gain plus dividend makes that $3.19 gross gain.
A little under $1000 invested at the recent $13.80 share price would buy 72 shares, which multiplies the $3.18 gross gain estimate up to $231.16.
Furthermore, over 31% of that $230 gain comes from the $71.90 in annual dividends generated from your $1,000 investment, and the $71.90 annual dividend amounts to about 5.2 times the recent $13.80 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend of $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Alaris Equity Partners and its 7.19% dividend yield along with its 13-year dividend record.
The exact track of ADLRF's future share prices and dividends will be entirely determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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